W. R. Grace & Co.

Grace Reports Second Quarter Financial Results

W. R. Grace & Co. — Wed, 23 Jul 2008 21:21:00 GMT

Please visit http://www.grace.com/Media/Documents/2923.pdf

Grace Reports First Quarter Financial Results

W. R. Grace & Co. — Wed, 23 Apr 2008 21:25:00 GMT

Please visit http://www.grace.com/Media/Documents/2922.pdf

Grace to Retain Medical Program for Libby, Montana, Make Additional Donation to Local Hospital

W. R. Grace & Co. — Tue, 08 Apr 2008 21:02:00 GMT

COLUMBIA, Md., Apr 08, 2008 (BUSINESS WIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it plans to retain the Medical Program it established in 2000 to assist local residents with medical needs resulting from their exposure to asbestos from the former Grace mine located near the town of Libby, Montana.

"In talking to people in Montana last night, there seemed to be confusion about our medical program," said William M. Corcoran, Vice President. "When we saw some of the comments in the press today, we were surprised. We have made it clear for many years that we intend to sustain the health care program when we emerge from Chapter 11 just as we did when we went into bankruptcy."

The Libby Medical Program has been in effect since 2000. More than 800 people are currently enrolled in it and receive health care and prescription drug coverage. Since 2000, Grace has spent more than $14 million on the program.

In addition, Grace is making an additional annual contribution of $250,000 to St. John's Lutheran Hospital in Libby, Montana. Since 2000, Grace has donated more than $2 million to St. John's to support its work on this important issue.

"St. John's is an outstanding health care institution with top notch health care staff," said Corcoran. "We are pleased that our donations have been used to help purchase state-of-the-art health care equipment and technology for the people of Libby, Montana."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

SOURCE: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
William Corcoran, +1 410-531-4203
william.corcoran@grace.com

Grace Announces Conference Call to Discuss Settlement of Asbestos Personal Injury Claims

W. R. Grace & Co. — Mon, 07 Apr 2008 14:26:00 GMT

COLUMBIA, Md., Apr 07, 2008 (BUSINESS WIRE) -- W. R. Grace & Co. (NYSE: GRA) will host a conference call on Monday, April 7, 2008, to address analyst and investor questions about Grace's settlement of asbestos personal injury claims. The call will begin at 1:00pm (EST).

The call is being webcast by Thomson/CCBN and can be accessed at Grace's web site at www.grace.com in the Investor Information section. To listen to this conference, please call the following:

Dial In # 866.362.5158
International Dial In # 617.597.5397
Passcode 13326764

A replay of this call will be available beginning at 3:00pm EST April 7, 2008 and will play until April 14, 2008 at the following number:

Dial In # 888.286.8010
International Dial In # 617.801.6888
Passcode 78127414

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.earnings.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).

We expect the conference call will include forward-looking statements. Forward-looking statements are statements that contain information related to future, not past, events. Such information generally includes the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues" or similar expressions. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements or that could cause other forward-looking information to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy, plans of reorganization proposed by Grace and others, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

SOURCE: W. R. Grace & Co.

Media Relations:
William Corcoran, +1-410-531-4203
william.corcoran@grace.com
or
Investor Relations:
Bridget Sarikas, +1-410-531-4194
bridget.sarikas@grace.com

Grace Announces Settlement of Asbestos Personal Injury Claims

W. R. Grace & Co. — Mon, 07 Apr 2008 14:18:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--April 7, 2008--W. R. Grace & Co. (NYSE: GRA) today announced an agreement in principle that would settle all present and future asbestos-related personal injury claims. The agreement, reached with the Official Committee of Asbestos Personal Injury Claimants, the Future Claimants Representative and the Official Committee of Equity Security Holders, requires the following assets to be paid into a trust to be established under Section 524(g) of the United States Bankruptcy Code:

    --  Cash in the amount of $250 million;

    --  Warrants to acquire 10 million shares of Grace common stock at
        an exercise price of $17.00 per share, expiring one year from
        the effective date of a plan of reorganization;

    --  Rights to proceeds under Grace's asbestos-related insurance
        coverage;

    --  The value of cash and stock under the litigation settlement
        agreements with Sealed Air Corporation and Fresenius Medical
        Care Holdings, Inc.; and

    --  Deferred payments at $110 million per year for five years
        beginning in 2019, and $100 million per year for ten years
        beginning in 2024; the deferred payments would be obligations
        of Grace backed by 50.1% of Grace's common stock to meet the
        requirements of Section 524(g).

The agreement in principle contemplates the filing of a plan of reorganization and related documents with the Bankruptcy Court. The plan will be subject to approval of its co-proponents, exit financing, and Bankruptcy Court and District Court approvals.

"This agreement in principle is a very important step in emerging from Chapter 11," said Fred Festa, Grace's Chairman, President and Chief Executive Officer. "In this challenging global marketplace, we need to be able to focus all of our efforts on increasing shareowner value and continued improvement in our core businesses. The agreement and the Plan of Reorganization that will be based on it will be good for our shareholders, customers, creditors, and our employees. A lot of work remains to be done before we can confirm a Plan of Reorganization, but I am optimistic we will be successful in reaching that goal by the end of this year or early in 2009."

"Also, I want to point out that the Plan of Reorganization will preserve all employee benefits. During the seven years we have been in Chapter 11, our people have nearly doubled Grace's sales and dramatically improved the core businesses. We look forward to final approval of our Plan of Reorganization when we can once again operate without the constraints of Chapter 11," said Festa.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such information generally includes the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues" or similar expressions. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements or that could cause other forward-looking information to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy, plans of reorganization proposed by Grace and others, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.


    CONTACT: Media Relations:
             William Corcoran, +1 410-531-4203
             william.corcoran@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Pursues Investment in Green Concrete Materials Company

W. R. Grace & Co. — Tue, 18 Mar 2008 21:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 18, 2008--W. R. Grace & Co. (NYSE:GRA) today announced the completion of a strategic investment in CERATECH, Inc., a Maryland-based firm that has developed green, sustainable concrete admixture technologies for formulating high strength, fast setting concrete primarily using fly ash, a waste stream product from coal fired power plants. CERATECH technology uniquely enables the production of environmentally friendly, high performance concrete. Under terms of the investment, Grace also has exclusive rights to market CERATECH products and technology in the manufactured concrete market.

Grace currently manufactures a wide range of products for commercial and residential construction markets, including concrete admixtures, cement additives, roofing underlayments, fire protection products, air barrier systems, and below grade structural waterproofing systems. Collectively, these products help make homes and buildings stronger, safer and more comfortable. CERATECH's green, sustainable concrete admixture technology was first commercialized in 2001 in an effort to utilize waste stream fly ash to make high performance concrete repair materials.

"Our investment in this new technology is the latest step in expanding our portfolio of green materials for the construction industry," said Andrew Bonham, President, Grace Construction Products. "We expect CERATECH technology combined with Grace's extensive technical expertise and strong customer relationships in the cement and concrete industry will accelerate growth for both companies."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

CERATECH, Inc. is a worldwide manufacturer and supplier of engineered, high performance cements for construction, transportation and manufactured concrete industries. CERATECH was founded in 2001 and has corporate offices in Baltimore, Maryland.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan
             +1 410.531.4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas
             +1 410.531.4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Files Form 10-K With Securities and Exchange Commission

W. R. Grace & Co. — Wed, 05 Mar 2008 22:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 5, 2008--W. R. Grace & Co. (NYSE: GRA) has filed its Annual Report on Form 10-K with the Securities and Exchange Commission (SEC).

The Form 10-K includes audited financial statements for the year ended December 31, 2007. Shareholders and other interested audiences can access the filing in the Investor Information section of Grace's web site at www.grace.com.

A printed copy of the filing is also available on request from the company at no charge. Requests can be made by calling +1 410.531.4167 or sending an e-mail to investor.relations@grace.com. Requests can also be sent to: W. R. Grace & Co., Director, Investor Relations, 7500 Grace Drive, Columbia, Maryland 21044.

Also available online are copies of additional filings made with the SEC, including quarterly reports on Form 10-Q and current reports on Forms 8-K.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in more than 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410.531.4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410.531.4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Announces CFO Succession Plan; Hudson La Force to Succeed Robert M. Tarola

W. R. Grace & Co. — Tue, 04 Mar 2008 22:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 4, 2008--W. R. Grace & Co. (NYSE:GRA) today announced that Robert M. Tarola will be stepping down as Grace's Chief Financial Officer after serving nearly nine years in that role. He will continue to serve as a Senior Vice President focusing on corporate strategy and Grace's reorganization process until his planned retirement later this year. "Bob has led Grace's financial services organization through some of the company's most challenging years," said Fred Festa, Grace's Chairman, President and Chief Executive Officer. "Since joining Grace in 1999, Bob has been instrumental in establishing market credibility for Grace as he led our company through the financial maze of Chapter 11, the implementation of Sarbanes-Oxley Act compliance and, most notably, the financial support for strategic growth initiatives that allowed us to more than double our sales during his tenure as CFO."

Succeeding Mr. Tarola on April 1 will be Hudson La Force as Grace's new Senior Vice President and Chief Financial Officer. The Grace Board of Directors has elected him an Executive Officer of the Corporation. La Force, 43 years old, joins Grace from the U.S. Department of Education where he has been Chief Operating Officer with responsibilities for finance, human capital, information technology, risk management, and other management functions. Prior to entering public service in 2005, he was with Dell Inc. for eight years where he held financial and business leadership positions at its headquarters in Austin, Texas and in China. Before joining Dell, he served in a variety of increasingly responsible financial positions at Allied Signal, Inc. (now Honeywell), Emerson Electric Co. and Arthur Andersen. Mr. La Force is a graduate of Baylor University and received an MBA at the Kellogg School of Management at Northwestern University.

"We are delighted that Hudson is joining Grace," said Fred Festa. "His wealth of operational and international experience matches up perfectly with our growth and productivity strategies. We are looking forward to him immediately contributing to our success."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations (US)
             Andrea Greenan, + 1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations
             Bridget Sarikas, + 1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Announces Expansion to Meet Growing Demand for Refining Catalysts

W. R. Grace & Co. — Mon, 03 Mar 2008 22:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 3, 2008--W. R. Grace & Co. (NYSE:GRA) announced plans to increase its manufacturing capacity with the expansion of its facility in Lake Charles, Louisiana.

The expansion will enable increased production of specialty aluminas, a key raw material in Grace's premium fluid cracking and hydroprocessing catalysts, which are used by oil refineries to produce fuels. The construction is expected to begin in early 2008 and start up in 2009.

Grace has increased its investment in research and development by 61% since 2000 and introduced a variety of new and next generation refinery catalysts that help maximize the yield and efficiency of resid feedstocks. Customer demand for these catalysts, sold under the MIDAS(R) and GENESIS(R) fluid cracking and ULS(TM)-1 hydroprocessing catalysts product portfolios, is now driving the need for manufacturing expansion.

"This investment significantly increases our ability to consistently and securely meet our customers' needs for refining catalysts at a time when worldwide demand for refined petroleum products is rapidly increasing," Gregory E. Poling, President, Grace Davison, said. "This expansion will not only provide us with a stable supply of a critical component in our refining catalysts, but also give us a greater ability to meet the industry's evolving needs with new and innovative products."

David Rentrop, Operations Director of the Lake Charles Facility, said, "Lake Charles employees are excited by this most recent expansion to our plant. We look forward to a safe and successful construction and startup of this project in 2009."

The Lake Charles site is a Grace Davison manufacturing facility that produces silica and alumina-based catalysts. It is the largest producer of fluid cracking catalysts in the world. The site has received several industry awards and certifications for its safety record, including membership at the "Star" (highest) level to the prestigious Voluntary Protection Program of the U.S. Occupational Safety and Health Administration.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations (US):
             Andrea Greenan, + 1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, + 1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Reports Fourth Quarter and Full Year Financial Results

W. R. Grace & Co. — Wed, 30 Jan 2008 23:05:00 GMT

Please visit http://www.grace.com/Media/Documents/2914.pdf

Grace Opens New Office in Dubai

W. R. Grace & Co. — Wed, 23 Jan 2008 14:01:00 GMT

Leading International Specialty Chemicals Company Chooses Dubai as

                         Regional Headquarters

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Jan. 23, 2008--W. R. Grace & Co. (Grace), a world-leading international specialty chemicals and materials company (NYSE:GRA), is celebrating the official grand opening of a new regional head office in Dubai, United Arab Emirates today. The festivities include a ribbon cutting ceremony, site tours and remarks from local officials and members of Grace's global leadership team.

Chairman and CEO Fred Festa remarked, "The Middle East offers significant opportunities in construction and refining technologies as the region continues to grow at a rapid yet sustainable rate. Our understanding of the region and its specific requirements is incredibly deep, and this further commitment underlines the importance we place on the region. We look forward to more closely supporting our local customers and exploring future opportunities together."

Maurice Ghattas, Vice President of Grace Middle East, added, "Grace has a strong, long term and rapidly growing client base in the region, and the opening of a new regional headquarters in Dubai signifies a new phase in investment in the Gulf Cooperation Council countries and the broader Middle East region. Our strengthened presence in the region is aimed at meeting increasingly sophisticated requirements for construction and refining technologies in this region at a time of unprecedented development in both sectors."

The new office houses employees from multiple Grace product lines and provides a central resource for customers in the region.

Grace has operated in the region since 1983, when the company began to manufacture, market, and sell chemical products to the construction industry through a joint venture. More recently, Grace expanded its manufacturing capacity through an investment in the Kuwait Catalyst Company (KCC), under which KCC manufactures residuum hydroprocessing catalysts for Advanced Refining Technologies (ART), Grace's joint venture with the Chevron Products Company. Residuum hydroprocessing catalysts help refiners produce environmentally friendly, cleaner-burning transportation fuels by removing sulfur and other contaminants from petroleum.

In addition to this office, Grace operates a manufacturing facility at the Jebel Ali Free Zone, a major business hub in Dubai. The facility produces specialty construction chemicals, including concrete admixtures and cement additives. The facility is currently being expanded to increase output of those materials and to add masonry products, fireproofing, waterproofing materials and systems. Collectively, these products help make homes and buildings stronger, safer and more comfortable. In total, Grace has 80 employees in Dubai.

The address for the new office is: Grace GmbH CO. KG., P.O. Box 2596, Office Towers, Suite 1701, 17th Floor, Dubai Festival City, Dubai, United Arab Emirates. The phone number is + 971.4.232.9901. The fax number is + 971.4.232.9940.

Grace is a leading global supplier of catalysts and other products and services to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; specialty chemicals, additives and materials for commercial and residential construction; and can sealants and coatings for food packaging. With annual sales of more than $2.8 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Board of Directors Names Fred Festa Chairman of Grace

W. R. Grace & Co. — Wed, 05 Dec 2007 22:32:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Dec. 5, 2007--W. R. Grace & Co. (NYSE:GRA) announced today that Chief Executive Officer Fred Festa has been appointed Chairman by the company's Board of Directors, effective January 1, 2008. He succeeds Paul Norris, who has served as non-executive Chairman since May 31, 2005.

Mr. Festa, 48 years old, joined Grace as President and COO in November 2003 and was appointed Chief Executive Officer in May 2005, succeeding Mr. Norris in that role. He will continue in his roles as President and CEO.

"Our business has excelled under Fred's leadership," Norris said. "We are more global, more innovative and more productive today than we have been at any time in the last 10 years. Our revenues are strong and we enjoy the continued support of our customers around the world."

"Over the last several years, we have followed a plan to build our company through new products and new markets that offer us maximum growth opportunities while also paying close attention to our productivity initiatives to keep our costs low," Festa said. "We have done well by this strategy and we will continue to pursue it."

Mr. Norris, 60 years old, joined Grace as President and CEO in November 1998 and was appointed Chairman in January 1999. He continues to remain on Grace's Board as a non-executive member.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $2.8 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Greg Euston, +1 404-870-6809
             greg.euston@mslpr.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Asbestos Personal Injury Claimants File a Competing Plan of Reorganization in Grace Chapter 11 Proceeding

W. R. Grace & Co. — Tue, 06 Nov 2007 18:59:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Nov. 6, 2007--W. R. Grace & Co. (NYSE:GRA) today disclosed that a proposed Plan of Reorganization was filed the evening of November 5, 2007 jointly by the Official Committee of Asbestos Personal Injury Claimants and David T. Austern, the Court appointed representative of Future Personal Injury Claimants in Grace's Chapter 11 proceeding. Grace, the Official Committee of General Unsecured Creditors and the Official Committee of Equity Holders filed, as co-proponents, a proposed Plan of Reorganization in January 2005. Both plans can be obtained through the Delaware Bankruptcy Court at www.deb.uscourts.gov.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $2.8 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations (US)
             Andrea Greenan, + 1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations
             Bridget Sarikas, + 1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Inventors Receive Top Honors for Accomplishments in Technology

W. R. Grace & Co. — Fri, 02 Nov 2007 13:01:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Nov. 2, 2007--W. R. Grace & Co. (NYSE:GRA) recognized six of its top scientists for producing a combined 175 patent families during their tenures with the company. A patent family includes all of the patents associated with an original patent application.

During its annual Innovation Conference, Grace presented each of the researchers with the Prolific Inventor Award, which celebrates R&D accomplishments and recognizes important contributions to Grace's technology groups.

Over the last four decades, nearly 2,000 Grace researchers have secured patents for their work. Yet only 2 percent have become prolific inventors, achieving 20 patent families or more in their careers with Grace.

"This is an enormous achievement for our researchers," said Fred Festa, President and CEO of Grace. "These individuals have also made an important contribution to our business. Our success at innovation often translates into safer roads and buildings, stronger infrastructure, longer lasting food and beverages and products with a smaller impact on the environment."

The recipients included:

Neal Berke, Grace Construction Products, Cambridge, MA - 33 Patent families

Neal, who has worked at Grace since 1983, focuses his research on concrete durability, preventing corrosion in cement and concrete and other related technologies. He has written and presented over ninety papers on his research activities.

Jerry Block, Consultant and Former Scientist, Columbia, MD - 53 Patent families

Jerry has been associated with Grace since 1965; first as an employee and then as a consultant. His primary areas of research have been nuclear fuels, seawater desalting, oilfield chemicals, technical ceramics and asbestos abatement.

    Mike Ernest, Grace Davison, Columbia, MD - 26 Patent families

Mike, who joined Grace in 1962, has dedicated most of his research to developing chemical catalysts that help limit auto emissions, such as those found in catalytic converters. Other key areas of his research include work with colloidal silicas, which have a range of industrial uses.

Felek Jachimowicz, Grace Construction Products, Cambridge, MA - 21 Patent families

Felek's career at Grace began in 1978. His patents include work on development of water treatment chemicals, cationic polymers, homogenous catalysis, concrete admixtures, cement additives and fireproofing and waterproofing materials.

Neil Pryor, Grace Davison, Columbia, MD - 22 Patent families

Neil joined Grace in 1976 and cites his work with superparamagnetic core adsorbents for biological separations as his most interesting patent and nano-abrasives for micro-electronics polishing as his most challenging work.

Bill Welsh, Grace Davison, Columbia, MD - 20 Patent families

Bill joined Grace in 1976 with his patents including work on silica-based products found in paints and ink jet paper, among many others. He cites as his greatest achievement a process for removing trace contaminants from edible oils to extend their shelf life.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Reports Third Quarter Financial Results

W. R. Grace & Co. — Wed, 24 Oct 2007 22:06:00 GMT

Please visit http://www.grace.com/Media/Documents/2909.pdf

Grace Opens New Manufacturing Facility In Vietnam

W. R. Grace & Co. — Thu, 20 Sep 2007 05:00:00 GMT

Please visit http://www.grace.com/Media/Documents/2908.pdf

Grace Marks 35th Anniversary of Technical Center in Maryland

W. R. Grace & Co. — Fri, 14 Sep 2007 13:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Sept. 14, 2007--W. R. Grace & Co. (NYSE:GRA) is celebrating the 35th anniversary of its technical center located in Baltimore, Maryland.

Staffed by 52 people, the facility includes 13 labs, 40 offices, a pilot plant development area and warehouse. At this location, employees help to bridge the gap between research and manufacturing. They develop the processes and designs that enable new and second-generation products to move out of the lab and be produced in large-scale at the company's manufacturing plants. They also interact directly with customers to answer questions and lend technical expertise.

"Our colleagues at the technical center consistently help customers meet increasingly complex business needs," remarked Fred Festa, President & CEO of Grace. "They have supported the development of many new products, including hydrocracking catalysts that are ultimately used by customers such as Chevron Products Company. The catalysts improve the yield and performance of petroleum products, including gasoline and diesel, and remove impurities from fuel."

The company will celebrate the day with an open house, remarks by local business leaders and Grace executives, and a luncheon.

Greg Poling, President of Grace Davison, commented, "Recognizing the unique role that the technical center plays in the success of Davison, we are committed to investing in our people and the facility with the objective of being more responsive to our customers' needs. The center is staffed with a group of strong, technically competent professionals. Our development team has direct access to the 'voice of the customer' and will be using that insight to broaden our product portfolio."

Grace has been a member of the Maryland business community since 1832 through the Grace Davison operating segment. In addition to the technical center, Grace operates a research facility, analytical services center, manufacturing plant and corporate headquarters in Maryland. Collectively, about 1,100 employees work within the state. Earlier this year, the company was recognized by the Maryland World Trade Center Institute with the International Leadership Award and was named one of the ten largest manufacturers in the state by the Baltimore Business Journal.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Andrew Bonham to Lead Grace's Construction Products Business

W. R. Grace & Co. — Wed, 12 Sep 2007 13:42:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Sept. 12, 2007--W. R. Grace & Co. (NYSE:GRA) announced today Andrew Bonham has been elected Vice President of W. R. Grace & Co. and named President of its Construction Products business unit.

Bonham, 47 years old, joined Grace in 2005 as vice president and general manager of Grace Construction Products European operations, headquartered in Brussels, Belgium. Prior to joining Grace, Bonham was president of Invensys Controls-America. He also held positions of increasing responsibility at General Electric and Honeywell before joining Invensys Controls. He graduated from Virginia Polytechnic Institute with a degree in Mechanical Engineering and earned an MBA at Averett University.

"Andrew has done a terrific job at Grace leading its construction business in Europe, the Middle East and India," said Fred Festa, Grace President & CEO. "He is a proven leader, highly energetic and possesses a strong commitment to his customers. I am confident that he will continue to grow our construction business around the world and reinforce our reputation as the leading innovator in specialty construction products."

Grace Construction Products is an approximately $1 billion global business with facilities, sales and technical services support in more than 25 countries. Its principal products include specialty admixtures for the cement and concrete industry, and waterproofing, residential building materials, and fire protection products for the construction industry. It is headquartered in Cambridge, Massachusetts.

CONTACT: W. R. Grace & Co.
Media Relations
William Corcoran, +1 410.531.4203
william.corcoran@grace.com
or
Investor Relations
Bridget Sarikas, +1 410.531.4194
bridget.sarikas@grace.com

SOURCE: W. R. Grace & Co.

Grace Announces Sale of Its Washcoat Business to Rhodia Silcea

W. R. Grace & Co. — Thu, 02 Aug 2007 13:01:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Aug. 2, 2007--W. R. Grace & Co. (NYSE:GRA) has announced that it has completed the sale of its washcoat product line and Cincinnati, Ohio site assets to Rhodia Silcea. Grace's washcoat products are used primarily in the manufacture of automotive control catalysts, an integral component of catalytic converters for engines. The silica production based at the Cincinnati facility has been transferred to Grace's Curtis Bay, Maryland site.

"Since the decision to evaluate our washcoat product line, we are investing in the necessary processes and capital to establish Good Manufacturing Practices-compliant operations at Curtis Bay, one of our largest manufacturing facilities," said Gregory E. Poling, President, Grace Davison. About 700 employees are based at Curtis Bay, which includes integrated manufacturing operations across most of Davison's product lines, as well as a world-class technical center. "We are building upon the site's foundation of silica expertise, extensive functional support, and employee engagement to design a world-class operation that delivers premier quality products for our pharmaceutical, dentifrice, and consumer products customers. We are committed to meeting the needs of our global customers who depend on the quality that Grace Davison products are known for."

This announcement contains forward-looking statements that involve risks and uncertainties, as well as statements that are preceded by, followed by or include the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues," or similar expressions. For such statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results might differ materially from those projected in the forward-looking statements. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy and proposed plan of reorganization, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.


    CONTACT: W. R. Grace & Co.
             Media Relations
             Greg Euston
             +1 404-870-6809
             greg.euston@mslpr.com
             or
             Investor Relations
             Bridget Sarikas
             +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Opens New Innovation Center in Poland

W. R. Grace & Co. — Mon, 30 Jul 2007 13:02:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--July 30, 2007--W. R. Grace & Co. (NYSE:GRA) is expanding its R&D capabilities in Europe with the official grand opening of an innovation center in Poznan, Poland today. The celebration includes speeches by local government and university officials and business executives, a tour of the facility and a press conference.

The facility is currently staffed by nine Ph.D. scientists that are developing new technology platforms and products for customers in the construction and packaging industries. The center is fully integrated into the global Grace R&D community.

Grace President & CEO Fred Festa, remarked, "The opening of this center represents an increased focus on innovation for our company. Unique and innovative products are the key source of our competitive advantage and enable us to be market leaders and important partners for our customers. The investment in innovation is imperative for our future successes and growth."

Grace has been a member of the Polish business community for 15 years. The first representative office was opened in 1992 in Warsaw with a second location following in Poznan in 1998. Over the years, the Grace organization in Poland has increased, with staff in the country now responsible for activity in the Baltic States (Lithuania, Latvia and Estonia), Ukraine, Czech Republic and Slovakia. The Poznan lab joins a commercial office already located in Poznan and is part of a continuing effort to provide more resources closer to customers throughout Central Europe. The lab is the most recent addition to Grace's network in Europe that includes manufacturing facilities, labs and administrative offices in more than a dozen countries.

Festa continued, "Our activities in Poland and the surrounding countries are important to our overall success in Europe, with revenues from the region surpassing $1 billion in 2006."

The lab is located in the newly constructed Poznan Science and Technology Park run by The Foundation of Adam Mickiewicz University. Its address is: Grace Sp.z o.o. ul. Rubiez 46, Poznan 61-612, Poland. The phone number is +48 61-8276871. The fax number is +48 61-8220063.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.